Euro panel products Limited has disclosed a significant shareholding change by its promoter group entity, Divya Ply Agency Private Limited, under the SEBI (Prohibition of Insider Trading) Regulations, 2015. The transaction represents a strategic increase in promoter group holdings through market-based acquisitions.

Share Acquisition Details

Divya Ply Agency Private Limited completed the acquisition of 134,492 equity shares on March 23, 2026, through on-market transactions on the National Stock Exchange. The transaction details are presented below:

Shareholding Position Changes

The acquisition resulted in a notable increase in the promoter group entity's stake in Euro Panel Products Limited. The shareholding comparison shows the impact of this transaction:

Regulatory Compliance

The disclosure was made pursuant to Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015. Euro Panel Products Limited, through its Managing Director Rajesh Nanalal Shah (DIN: 02038392), submitted the required Form C disclosure to both NSE and BSE on March 24, 2026.

Divya Ply Agency Private Limited, incorporated under CIN U74900MH2008PTC181453 with PAN AACCD8685R, is headquartered at Solitaire Business Centre, Borivali West, Mumbai. The entity operates as part of the promoter group structure of Euro Panel Products Limited.

Transaction Significance

The on-market acquisition demonstrates the promoter group's confidence in the company's prospects, as evidenced by their willingness to increase their stake through market purchases. The transaction was executed at prevailing market rates, indicating transparent price discovery through the exchange mechanism.

The disclosure ensures compliance with insider trading regulations and maintains transparency for all stakeholders regarding changes in promoter group shareholding patterns.

Euro Panel Products Limited has announced the incorporation of a new subsidiary company in India, following approval from its Board of Directors. The decision was made during a board meeting held on March 21, 2026, at the company's registered office.

Board Meeting Details

The Board of Directors convened on Saturday, March 21, 2026, at 10:30 a.m. at the registered office of the company. The meeting concluded at 11:00 a.m. the same day, during which the incorporation of the subsidiary company was formally approved.

Subsidiary Investment Strategy

The company has outlined its investment approach for the proposed subsidiary. Euro Panel Products Limited plans to invest in the share capital of the new entity and will hold a majority stake, ensuring control over the subsidiary's operations and strategic direction.

Regulatory Compliance

The announcement was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The subsidiary's final name will be determined after receiving approval from the Registrar of Companies under the Ministry of Corporate Affairs.

Management Authorization

The announcement was signed by Rajesh Nanalal Shah, Managing Director of Euro Panel Products Limited (DIN: 02038392), confirming the board's decision and ensuring proper regulatory disclosure to the stock exchanges.